You have banks ( local,regional,national), credit unions, life insurance companies, & CMBS lenders.Who does what loan depends on location, asset type, and size of the loan.

As for my expense data, $2376 breaks down as follows:$300 - Water/Sewer (~$40/mo/unit)$140 - Garbage ($20/m/u)$70 - Insurance$497 - Prop.

Another bank may also reduce the LTV based on how many loans you have outstanding.Example too; Joplin, Mo. had a tornado that took out all but one investor's properties, it took months and into the next year for insurance to pay off.

If you close your loan with the title company you used last time, they will probably be able to give you a reissue rate on your title insurance to save you some dollars as well.Good luck

On a car lease is there a standard or accepted amount of the lease that can be applied to the business.

Get good liability insurance and also get an umbrella policy.

hi Noe,Thanks for replying as of right now they have 16 units rented and they are gonna finish the renovation in a month or so what they tell me is they will have 85% of the units rented with in that time frame they dont have a management company in place and i would have to get one  taxes are 15k and insurance is 12k  that is all i have on the numbers at the moment.

However, being a hurricane target area I know any house will require expensive flood and wind damage insurance.

@Jonathan JohnsonAsk for a copy of the trailing 12 numbers for the building.  2015 P&L and Tax Return if they will give.Find out about property taxes and insurance.  

With taxes, HOA's and insurance your bills would come to about $200/month.